Gold Price Down Rs.64 Per Sovereign
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The cost of gold has reduced Rs.64 Per Sovereign on Thursday evening (Aug 22, 2013).
Direct Tax Code Bill to be revised
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The revised Direct Tax Code Bill is being tabled today in the Cabinet. The Bill proposes a new 35-percent tax slab for people with incomes exceeding Rs 10 Crore per annum.
Gold Rate reduced Rs.72 Per Sovereign
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The cost of gold has reduced Rs.72 Per Sovereign on Tuesday evening (Aug 20, 2013).
Axis Bank raises base rate by 25 bps
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Axis Bank on Monday said it had increased its base rate, or minimum lending rate, by 25 basis points to 10.25 per cent.
Due to the central government measures to reduce the investment on gold and increase in gold price in the world market have resulted in considerable hike in gold price in the recent times.
Duty-free import of high-end TVs banned
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In its continuing bid to rein in CAD, government on Monday banned duty-free import of high-end flat screen plasma television, which will now attract a levy of 36.05 per cent.
Stock markets yesterday gave thumbs up
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The sentiment on bourses improved on Tuesday, with the Bombay Stock Exchange (BSE) 30-share sensitive index (Sensex) closing above the 19000-mark again.
Gold rate reduced Rs.88 Per Sovereign
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The cost of gold has reduced Rs.88 Per Sovereign on Wednesday morning (Aug 14, 2013).
Central government of India is looking after to make a raise in the import duty of luxury essential commodities and on gold in a chance to reduce to CAD ( Current Account Deficit) in the country.